Nguyen, Bach (2020). Is Corruption Control Good for All Businesses? The Role of Cash in the Bribery Game. International Review of Entrepreneurship, 17 (4), pp. 385-428.
Abstract
This study investigates the distributional effects of corruption on the performance of cash-rich and cash-poor firms. We propose that cash-bribes are the ultimate objective of corrupt officials. Therefore, firm-level cash-flow is one of the most important determinants of corrupt decisions. Analysing a 15-year (2006-2015) panel of 2.4 million firm-year observations in Vietnam, we find that cash-rich firms gain less benefit and that their performance may even be harmed when corruption controls improve (less corruption-related harassment). By distinguishing administration corruption from negotiation corruption, we aim to explain this paradox.
| Divisions: | College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship |
|---|---|
| Publication ISSN: | 2009-2822 |
| Last Modified: | 01 May 2025 08:03 |
| Date Deposited: | 27 Jan 2020 14:41 |
| Full Text Link: | |
| Related URLs: |
https://www.sen ... hip?article=642
(Publisher URL) |
PURE Output Type: | Article |
| Published Date: | 2020-04-01 |
| Accepted Date: | 2020-01-21 |
| Authors: |
Nguyen, Bach
(
0000-0003-1527-7443)
|
![[img]](https://publications.aston.ac.uk/style/images/fileicons/text.png)